Biz Watch

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I SKY: Shareholders meet the new boss

Day of Thunder
T he liveliest show in London this Friday will be the annual shareholders meeting staged by Rupert Murdoch's pay-TV powerhouse BSkyB. The curtain rises 11 days after the global mogul installed his 30-year-old son James, pictured, as chief executive. Dad's News Corporation is BSkyB's largest shareholder, so giving the kid a job was easy, but it infuriated financial groups that own the rest of BSkyB's stock. Some are worried James will funnel cash to pop's firm rather than pay dividends.

Iain Richards of Morley Fund Management told TIME he is "dismayed" by...

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